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FJR
,
London, Greater London
Equity & Fixed Income Settlements West End based Brokerage.
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Job Type: Full-time |
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Salary: £30,000 per annum |
Overview
The Role Equity & Fixed Income Settlements (West End based Brokerage) FJR Finance is representing a highly successful, global (but mid-sized) Mayfair based Equity & Fixed Income focused Trading house to hire a permanent UK & International Equity & Fixed Income Settlements Analyst within their Operations division. The company have had a large project to offshore some back-office Settlements related tasks to one of their other international offices. They are looking for someone with strong Equity Settlements experience who can work with the London Settlements team to work closely with their off-shore Settlements team to ensure smooth and timely Settlement of all related trades. Our client is in need of a strong UK & International Equity & Fixed Income Settlements Analyst (higher volumes of Equity Trading) who is able to demonstrate a strong working knowledge of Equity (and/ or Fixed Income, but ideally stronger Equities) Settlements within International markets including European Domestics, Euroclear, Fast Eastern markets and US/ DTC. The department already has some existing processes set-up, but are looking for someone that can add value and energy to look at process improve and efficiency and fully support the trading desk. PURPOSE OF THE JOB - Responsible for completing all of the following tasks in a timely manner: Oversight of Offshore team for pre-matching & Settlement of both Client & Market Side Transactions, Equities & FX. Oversight for Fails Management Oversight for Funding Oversight for Corporate Action Processing Claims Management – Interest & Dividend Segregation of Client Money end of day check Oversight for Determine, request and book Stock Loans and fails Coverage New loans and Returns Monitoring and query investigation of cash and stock reconciliations outsourced to BPO. Oversight for TE exceptions monitored & actioned daily. Resolve escalation queries and problems raised by Offshore team ACCOUNTABILITIES - Ensure Offshore team pre-match & settle all transactions in a timely manner - Ensure Offshore team settle all failed trades as soon as possible - Ensure Offshore team create a spreadsheet of funding requirements for settlement of all transactions - Oversee and provide SME expertise to investigate & resolve any discrepancies raised by the Offshore team for Stock & Cash Reconciliations. Provide daily approval and sign off. - Monitor, investigate & resolve Corporate Action issues on a daily basis. - Investigate or initiate, monitor & settle all claims in a timely manner - Ensure Offshore team segregate all Client Money within appropriate time frames as per SCBL Client Money procedures - Oversight for stock loan/return requirements and process on receipt of authorisation - Ensure Offshore team monitor and action all TE exceptions relating to Settlements daily - Liaise with Middle Office/Traders to investigate & resolve any unmatched or failed trades - Maintain good working relationships with clients, brokers, clearing agents & all internal departments - Projects - As SME act in the capacity of business analyst &/or project lead where appropriate. KNOWLEDGE AND EXPERIENCE - Working knowledge of European Equity settlement (including UK) and the Middle East/Emerging markets. - Key Skills - Ability to work well within a team - Good understanding of systems and PC skills - Written & verbal communication skills - Analytical & problem-solving skills - Time management - Business analytics & project management skills - Ability to work proactively without direct supervision; under pressure and to tight deadlines Salary £35 k pa- £40 k pa, plus bonus, pension, healthcare, etc.